Software for managing product lifecycles. RFID Radio Frequency Identification Data. Tags that are read electronically via radio frequency. RFID gives many possibilties for automating tracking and even sales of products.
A system used to manage design and revisions to engineering drawings and bills of materials through the life of a manufactured or engineered part. PLM is an extension of PDM and is often integrated to ERP systems. Modern PLM systems have collaborative features supporting design and product structure management from multiple geographic areas. Terms Glossary Definition
Controls the entire lifecycle of a product from development, procuring the raw materials, production, sale and customer service. mySAP PLM maps the process steps in the product lifecycle.